Kawasaki Setsubi Kogyo Income Statement

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	38,606	29,159	22,482	20,809	23,604	21,894
Revenue Growth (YoY)	52.82%	29.70%	8.04%	-11.84%	7.81%	-5.32%
Cost of Revenue	29,889	23,776	18,881	17,606	20,252	18,897
Gross Profit	8,717	5,383	3,601	3,203	3,352	2,997
Selling, General & Admin	2,777	2,265	1,871	1,857	1,806	1,670
Research & Development	4	4	8	11	10	10
Other Operating Expenses	106	106	106	84	75	91
Operating Expenses	3,182	2,670	2,267	2,162	2,083	1,926
Operating Income	5,535	2,713	1,334	1,041	1,269	1,071
Interest Expense	-3	-2	-1	-1	-1	-
Interest & Investment Income	10	7	6	6	4	3
Other Non Operating Income (Expenses)	18	14	14	20	6	20
EBT Excluding Unusual Items	5,560	2,732	1,353	1,066	1,278	1,094
Gain (Loss) on Sale of Investments	-	-	-	-	-	13
Gain (Loss) on Sale of Assets	-1	-1	-	8	7	-
Asset Writedown	-	-41	-	-	-	-
Other Unusual Items	1	-	-	-	-	-
Pretax Income	5,560	2,690	1,353	1,074	1,285	1,107
Income Tax Expense	1,607	732	508	367	435	358
Net Income	3,953	1,958	845	707	850	749
Net Income to Common	3,953	1,958	845	707	850	749
Net Income Growth	258.06%	131.72%	19.52%	-16.82%	13.48%	-34.18%
Shares Outstanding (Basic)	12	12	12	12	12	12
Shares Outstanding (Diluted)	12	12	12	12	12	12
EPS (Basic)	330.40	163.66	70.63	59.09	71.05	62.60
EPS (Diluted)	330.40	163.66	70.63	59.09	71.05	62.60
EPS Growth	258.06%	131.72%	19.52%	-16.82%	13.48%	-34.18%
Free Cash Flow	-	-30	-626	998	2,327	1,708
Free Cash Flow Per Share	-	-2.51	-52.32	83.42	194.50	142.76
Gross Margin	22.58%	18.46%	16.02%	15.39%	14.20%	13.69%
Operating Margin	14.34%	9.30%	5.93%	5.00%	5.38%	4.89%
Profit Margin	10.24%	6.71%	3.76%	3.40%	3.60%	3.42%
Free Cash Flow Margin	-	-0.10%	-2.78%	4.80%	9.86%	7.80%
EBITDA	5,808	2,986	1,607	1,280	1,472	1,248
EBITDA Margin	15.04%	10.24%	7.15%	6.15%	6.24%	5.70%
D&A For EBITDA	273	273	273	239	203	177
EBIT	5,535	2,713	1,334	1,041	1,269	1,071
EBIT Margin	14.34%	9.30%	5.93%	5.00%	5.38%	4.89%
Effective Tax Rate	28.90%	27.21%	37.55%	34.17%	33.85%	32.34%
Advertising Expenses	-	31	18	20	18	11

Source: S&P Global Market Intelligence. Standard template. Financial Sources.